China, Trump and de minimis
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Bullying’ leads to isolation, Chinese leader Xi Jinping warned, after the Trump administration rolled back many tariffs.
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
After months of tension, the United States and China have taken a step toward easing their strained trade relationship, announcing a deal following w
The U.S. and China agreed to lower tariffs for 90 days. The details: U.S. tariffs on Chinese goods will fall to 30 percent from 145 percent. Meanwhile, China’s blanket tariffs on U.S. products will drop to 10 percent from 125 percent. A few tariffs will remain. President Donald Trump signed an order to lower prescription drug prices.
President Donald Trump is expected on Monday to embark on an official visit to the Middle East, a major international trip during which he and his diplomats will continue pushing for peace between Russia and Ukraine and in the Gaza Strip.
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Investor's Business Daily on MSNStock Market Today: Dow Jones Soars 1,000 Points, "Mag 7" Surge On China Trade Deal; Bitcoin Stocks Shine (Live Coverage)The Dow Jones surged on the stock market today. Treasury Secretary Bessent spoke out on China amid tariff progress. Alibaba cleared an entry.